Wolf Theiss has a leading CEE financial services practice and advised on regulatory compliance and legal due diligence of the Pioneer Investment businesses in Bulgaria, Hungary, Romania and the Slovak Republic.

"Wolf Theiss was able to bring to the transaction substantial expertise and experience across Central & Eastern Europe, confirming our position as a default-firm for pan-CEE legal and strategic support", explained Richard Clegg, Partner, Wolf Theiss Bulgaria. "We are very proud to again work with Cleary Gottlieb Steen & Hamilton and for Amundi to facilitate this acquisition".

This is a landmark European transaction for the financial services sector in 2016 and will provide confidence to the market. The acquisition positions Amundi as a leader in European and CEE asset management, providing new and customised asset management services to customers and clients in CEE.

Amundi is the leading European asset manager, with over €1,000 billion of assets under management worldwide. Amundi has become a leading European player in asset management, recognised for product performance and transparency, quality of client relationships based on a long-term advisory approach, efficiency in its organisation and teams’ promise to serving its clients.

A global investment management firm, Pioneer Investments has a presence in 28 countries worldwide and an experienced team of 2,000 employees, including more than 350 investment professionals. We offer a diverse range of products across both traditional and non-traditional asset classes to clients that include institutions, corporations, intermediaries and private investors around the world.